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Leadsheets

1041 Leadsheets checklist

  1. Make sure
    Import TR
     is done from GoSystem Tax RS before reconciling the variances in leadsheets.
  2. Leadsheets variances to be explained in the following sequence:
    • Form 1041 Page2
    • Form 1041 Page1
  3. Check the reference type (that is, Red, Blue Orange).Green checkmark icon Use Red and Orange references for leadsheets calculations.Red X icon Don't use Blue references in leadsheets calculations.
  4. Check fields with the dagger
    †
     sign, the user should enter the data manually from the tax software into the leadsheets.
  5. Fields with the
    (T/R)
     sign indicates that the amount will be populated through the
    Import TR
     process.
  6. For the
    Grantor Trust
     type the data won't transfer into
    Form 1041
    . It will transfer into the
    Grantor Letter
     sheet.
    If there is a variance in Exp Allocation Worksheet (Manual), make sure the Taxable Income is entered in Line 2.
  7. Check the input in SPbinder and in GoSystem Tax RS is entered correctly when reconciling the variances in leadsheets.
View the detailed document along with screenshots

Data not flowing to/from CCH Axcess Tax

Binder Type
: 1041 binder
Functionality impacted
: Export or Import T/R
Check the following if you come across an issue where the user is doing Export or Import T/R for 1041 binder and the data is not flowing to CCH or importing to leadsheet in the binder:
  1. SurePrep processes only the following selected Type of Entities returns. Export and Import TR functionality works only for these Leadsheets.
    Type of Trust Code
  2. Check the
    Type of Entity
     in the binder.Type of entity field

This article applies to:

  • PRODUCT: SurePrep
  • Sub-Product: SPbinder

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